Fortunato Joe 4

What Happened Joe Fortunato, a director of Sprouts Farmers Market (ticker: SFM), was granted 3,129 restricted stock units (RSUs) on March 12, 2026. The grant was reported as an award/acquisition (code A) with a reported acquisition price of $0.00 (no cash paid). The RSUs vest on March 12, 2027, assuming continued service, and each RSU converts to one share of common stock upon vesting.

Key Details

• Transaction date: March 12, 2026; filing date: March 16, 2026 (timely filing).
• Grant amount: 3,129 RSUs; reported acquisition price: $0.00.
• Holdings after transaction: 18,164 shares of common stock plus 3,129 RSUs (total potential 21,293 shares if RSUs vest).
• Footnote: RSUs represent the right to receive one share upon vesting (vest date: March 12, 2027, subject to continued service).
• Transaction type: Award/compensation (routine director equity award), not an open-market purchase or sale.

Context RSU grants are a common form of compensation for executives and directors and do not involve an immediate cash purchase or sale of shares. Because vesting is contingent on continued service, these awards are generally meant to align the director’s interests with long-term shareholder value rather than signal a near-term trading view.